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BQE Water (CVE:BQE) Stock Price Down 1.6% - Here's What Happened

BQE Water logo with Industrials background

Shares of BQE Water Inc. (CVE:BQE - Get Free Report) fell 1.6% on Monday . The company traded as low as C$48.35 and last traded at C$48.35. 309 shares changed hands during trading, a decline of 56% from the average session volume of 700 shares. The stock had previously closed at C$49.14.

BQE Water Trading Down 1.6%

The firm's 50 day simple moving average is C$52.36 and its 200-day simple moving average is C$56.53. The company has a market capitalization of C$61.89 million, a PE ratio of 25.05 and a beta of 0.68. The company has a quick ratio of 3.70, a current ratio of 5.62 and a debt-to-equity ratio of 12.98.

About BQE Water

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BQE Water Inc, a water treatment company, provides wastewater management and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally. It offers water treatment solutions for mine drainage, run-off, waste rock seepage, tailings water, groundwater, and lime plant influent and/or effluent streams for treating metals, sulphate, selenium, nitrate, ammonia, and cyanide in the mining sector; smelting and refining services for treating metals and sulphate; and hydrometallurgy services for the treatment of metals, cyanide, and acids.

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